2018 PEN to BGN Historical Review

YEARLY HIGH

0.5238 BGN

YEARLY LOW

0.4805 BGN

YEARLY AVERAGE

0.5042 BGN

2018 PEN to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the PEN to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on August 14, valuing the pair at 0.5238. Conversely, the yearly low was recorded on February 14, dropping to 0.4805.

This high-to-low spread represents a total annual volatility of 0.0434 BGN. From a start-to-finish perspective, comparing the January average rate of 0.4986 to the December average rate of 0.5110, the exchange rate registered a net change of 2.50% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.5238 was down 8.39% compared to the 2017 peak of 0.5718, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 PEN based on timing:

Yearly Peak High 2,619 BGN

2017 Average 2,659 BGN

Yearly Trough Low 2,402 BGN

Transaction Impact: A difference of 216.75 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.5180

0.4847

JanuMarcMayJulySeptNove

PEN to BGN Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 0.4975, compared to 0.5109 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0134 points.

H1 Avg (Jan–Jun) 0.4975

H2 Avg (Jul–Dec) 0.5109

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 0.0190 BGN (High: 0.5083 / Low: 0.4893). On the other end, July was the most stable month, with a tight range of 0.0073 BGN (High: 0.5139 / Low: 0.5066).

January Spread (Volatile) ±0.0190

July Spread (Stable) ±0.0073

Growth Streaks & Declines

Trends

Between February and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0111 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0111

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2018: 0.5153) against the same month in 2017 (average: 0.5105), the exchange rate shifted by +0.0048 (+0.93%).

2018 Avg (August) 0.5153

2017 Avg (August) 0.5105

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5083	0.4893	0.4986
February	0.4918	0.4805	0.4874
March	0.4926	0.4836	0.4880
April	0.4986	0.4888	0.4934
May	0.5160	0.4982	0.5053
June	0.5166	0.5078	0.5122
July	0.5139	0.5066	0.5107
August	0.5238	0.5063	0.5153
September	0.5107	0.5034	0.5073
October	0.5160	0.5058	0.5110
November	0.5165	0.5058	0.5102
December	0.5164	0.5057	0.5110